392 Egret CircleBarefoot BayFL32976
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Barefoot Bay at 392 Egret Circle, Barefoot Bay, FL, 32976 offers $1,788/mo rent that, after a $1,219/mo payment, leaves $135/mo cash flow. Total monthly income is $1,788/mo, and annual cash flow is $1,624/yr on $82,544 cash. Return on cash invested measures 21.88% in year one, and rental yield stands at 8.62% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 114.01% and total cumulative return in cash reaches $94,112. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,788/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32976, Sebastian, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,871 (100%) |
| Owner Occupied HU | 5,046 (73.4%) |
| Renter Occupied HU | 605 ( 8.8%) |
| Vacant Housing Units | 1,220 (17.8%) |
| Median Home Value | $149,704 |
| Average Home Value | $220,074 |
Housing Distribution
Address Breakdown
Residential
6,657
Single Family
6,614
Multi-Family
43
Businesses
108
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Listed by: Becky M Boncek • RE/MAX Crown Realty
Mls Name: BeachesMLS
Mls ID: #RX-11128972